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Bloomberg reported that oil surged $2.24 as the Greek lawmakers approved the austerity measure to resolve its debt crisis.
Bloomberg reported that oil surged $2.24 as the Greek lawmakers approved the austerity measure to resolve its debt crisis.
As quoted in the market news:
Crude oil for March delivery rose $2.24 to $100.91 a barrel on the New York Mercantile Exchange, the highest settlement since Jan. 10. Prices are up 18 percent from a year ago.